Qualcomm Signs Licensing Deal with Xiaomi

Qualcomm Signs Licensing Deal with Xiaomi
Qualcomm has signed another licensing agreement in China, with the smartphone maker Xiaomi. They have entered into a new 3G and 4G China patent licence agreement.

Under the terms of the agreement, Qualcomm has granted Xiaomi a royalty-bearing patent licence to develop, manufacture and sell 3G (WCDMA and CDMA2000) and 4G, including tri-mode (LTE-TDD, TD-SCDMA and GSM), complete devices.

The royalties payable by Xiaomi are consistent with the terms of the commitments made by Qualcomm to China’s National Reform and Development Commission when it was fined last year for improper licensing practices.
Source - mobileworldmag.com
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